Category: b-Short Sales
We asked staging experts to give us some one liner staging tips since we are getting close to summer and hopefully a better pickup in Torrance real estate sales. Here are several for you to choose and get-to-staging: One owner of a staging business says she uses natures bounty to help her stage her clients homes. Twigs, branches and seashells are just some of the items she likes to decorate with. Another Lady who owns a staging company says she uses those little flat furniture movers and saves time and money with no floor scratches and she can do it all herself. Another Professional Staging expert says her IPhone is the key because she can get all the comps and other info she needs, fast. A Professional staging expert in Oregon says the key is to create ambiance, no matter what type of property you are staging. Here are a few other suggestions: *Create a focal point in the house. Pick out the most visible corner in the house and put a large plant there, with a spotlight behind it. Set up a chat room for conversation and have entertainment too. Don't leave any carpet "dents" showing. Use the outdoors by bringing in many plants and flowers. Put stoppers in all the sinks and drains, whether the home is vacant or not. And the list goes on and on. Common Sense and a little scrubbing, and cleaning and re arranging will usually do the trick. Read More
Whether you are the buyer, seller, lender or borrower, you want the assurance that no funds or property will change hands until ALL of the instructions in the transaction have been followed. In California, the escrow holder has the obligation to safeguard the funds and/or documents while they are in the possession of the escrow holder, and to disburse funds and/or convey title only when all provisions of the escrow are in compliance. Read More
I just read this great article… 7 Banks Foreclosing on the Most Mortgages Most banks are servicing loans. This list includes the percentage of underwater loans the bank has in FORECLOSED properties portfolio. Check out this article... Read More
The New York Times published this … If you are considering a loan modification or a short sale, you will need to proved a HARDSHIP LETTER. Writing the “hardship letter” Homeowners having trouble paying their mortgage are often required to write a hardship letter when applying for a loan... Read More
Sorry to hear that you or someone you know is in financial and/or mortgage distress. And you really want to keep your home. So you check the local newspapers and online ads. And they say … “I can keep you OUT OF Foreclosure and you get to KEEP your home!... Read More
With interest rates THIS LOW, you have higher BUYING POWER. This means you can buy a higher priced home and still qualify for your loan. Talk with your lender (or I can offer a lender referral) to get pre-qualified and then let’s get together. There are still some very good... Read More
SHORT SALES: TOP 9 MYTHS DEBUNKED! I have been doing short sales for 3 years. All of my short sale listings have closed and the sellers have avoided foreclosure. But there is some confusion .. so here are some answers to clarify what you may or may not... Read More
If you have a Bank of America loan …and are considering a HAFA Short sale … here are changes to the process … In a HAFA Short Sale, the borrower/home owner, may be eligible for a $3000 moving credit at the close of escrow. Read More